New study reveals $2 trillion lost annually in agreement processes

New research from Deloitte and Docusign reveals poor agreement management costs organizations nearly $2 trillion annually. Other key findings from the "Unlocking the Value of Agreement Management" report include:
• Disconnected workflows waste 18% of companies' time on agreements, resulting in over 55 billion hours wasted globally each year
• An agreement undergoes 15 internal handoffs before counterparty negotiation
• Customer-facing functions contribute 40% of global value loss due to missed revenue opportunities
• 48% of businesses report deteriorated customer relationships due to agreement delays
Access this research article to unlock four critical capabilities that can address these issues.